Freemasons Inn & The Silk Rooms, Silk Mill Street, Knutsford, WA16 6DF

Description
Situated in prime position off Knutsford's main high street, the Freemasons Inn is located on Silk Mill Street next to the Market Hall and directly opposite the Silk Mill Car Park.

The building is brick-built and extends over four storeys, including a cellar, ground floor, first floor, and second floor – as well as featuring an external patio courtyard.

The property underwent extensive renovations in 2022 to bring it back to life, including a new roof and internal rebuild – retaining old features and working with heritage to sympathetically modernise the space.

Location
Highlighted by 'The Sunday Times' as one of the best places to live in the North West, Knutsford offers huge potential for hospitality investments, mixing rural charm with urban amenities. This town attracts both tourists and residents with its independent shops and strong community spirit, as well as excellent transport links.

With the recent addition of renowned eateries like Gails Bakery and Mowgli Street Food, the town cements its reputation as a lively hub for diverse gastronomic experiences. The growing hospitality landscape, complemented by specialty stores and markets, positions Knutsford as an exciting destination for foodies.

The Silk Rooms, highly favoured by local wedding venues, capitalises on the towns wedding scene, offering strategic partnerships that solidify its position as a profitable investment. Attractions like Tatton Park and events such as the RHS Flower Show also contribute further to the areas allure, enhancing visitor traffic and affirming Knutsford as a flourishing market for hospitality ventures, promising significant returns in an expanding economy

Summary
A rare opportunity to acquire the Freehold of a mixed use hospitality business, located in a prime, high footfall area in Knutsford town centre.
Freemasons Inn is a Grade 2 listed former silk mill, that has recently been fully-renovated and restored. The property features:
A ground-floor bar, let for a period of 10 years from May 2024 to Bar Six - an established bar with one in Sandbach and Nantwich

An annual income on the ground-floor of £45k+ pa exclusive of VAT, increasing to £47,000 pa from Year 3
Six upper-floor boutique hotel rooms, operating as a separate high income business – with an impressive average occupancy rate of 80%
Hotel generating a revenue of £229k pa, and a net profit of £140k pa
Upon a sale the Hotel will be leased by the current owners on a new 15 year lease, paying £80,000 per annum.

Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the funding source.